Item Quantity Unit Cost Total

Land Acquisition 1 $5,000.00 $5,000.00

Feedlot Construction 1 $1,200.00 $1,200.00
Feeders 20 $10.00 $200.00
Drinkers 20 $10.00 $200.00
Company Registration 1 $500.00 $500.00
Transport from source + licenses 20 $55.00 $1,100.00
Transport + licences to market 20 $15.00 $300.00
Cattle(250 Kg @ $1/Kg live weight) 20 $250.00 $5,000.00
Repairs and Maintenance/year 1 $100.00 $100.00
Contingency Cash 1 $175.00 $175.00
Feed Kgs (1 cycle advance) 21600 $0.27 $5,832.00
Veterinary Supplies (1 cycle advance) 20 $10.00 $200.00
Salaries (1 cycle advance) 1 $360.00 $360.00
Total $20,167.00
Income Statement Year 1 Year 2 Year 3
Revenue
Cattle Sales $67,760.00 $67,760.00 $67,760.00
Cost of goods sold $49,728.00 $49,728.00 $49,728.00
Gross Profit $18,032.00 $18,032.00 $18,032.00
Operating Expenses
Salaries $1,440.00 $1,440.00 $1,440.00
Depreciation $140.00 $140.00 $140.00
Water (Borehole) $240.00 $240.00 $240.00
Advertising $0.00 $0.00 $0.00
Repairs and maintenance $100.00 $100.00 $100.00
Contingency $700.00 $700.00 $700.00
Total Operating Expenses $2,620.00 $2,620.00 $2,620.00
Net Profit Before Tax $15,412.00 $15,412.00 $15,412.00
Tax (25%) $3,853.00 $3,853.00 $3,853.00
Net Profit After Tax $11,559.00 $11,559.00 $11,559.00

Variable Costs per Cycle Quantity Unit Cost Total

Transport + licenses from source 20 $55.00 $1,100.00
Cattle(250 Kg @ $1/Kg live weight) 20 $250.00 $5,000.00
Feed Kgs 21600 $0.27 $5,832.00
Veterinary Supplies 20 $10.00 $200.00
Transport + licenses to market 20 $15.00 $300.00
Total $12,432.00
Break-even Analysis Value Payback Period Value
Selling Price/Unit $847.00 Initial Investment $20,167.00
Variable Cost/Unit $621.60 Net Cash flow Year 1 $29,119.00
Fixed Costs/year $2,620.00 Payback Period 0.69
Break-even point 12
Pro Forma Cash Flow
Year 1 Year 2 Year 3
Opening Balance $0.00 $29,119.00 $40,818.00

Cash Sales $67,760.00 $67,760.00 $67,760.00

Subtotal Cash from Operations $67,760.00 $67,760.00 $67,760.00

Additional Cash Received

Start-up Capital $20,167.00 $0.00 $0.00
Subtotal Cash Received $20,167.00 $0.00 $0.00

Cash Expenditures
Cattle,feed,vet,transport $49,728.00 $49,728.00 $49,728.00
Operating Expenses $2,480.00 $2,480.00 $2,480.00
Subtotal Spent on Operations $52,208.00 $52,208.00 $52,208.00

Additional Cash Spent

Taxes $0.00 $3,853.00 $3,853.00
Loan Repayment $0.00 $0.00 $0.00
Bank Overdraft Repayment $0.00 $0.00 $0.00
Purchase Fixed Assets $6,600.00 $0.00 $0.00
Subtotal Additional Cash Spent $6,600.00 $3,853.00 $3,853.00

Net Cash Flow $29,119.00 $11,699.00 $11,699.00

Cash Balance $29,119.00 $40,818.00 $52,517.00
 Year 1 Year 2 Year 3
Long Term Assets
Land $5,000.00 $5,000.00 $5,000.00
Housings $1,200.00 $1,200.00 $1,200.00
Equipment $400.00 $400.00 $400.00
Accumulated Depreciation -$140.00 -$280.00 -$420.00
Total Long Term Assets $6,460.00 $6,320.00 $6,180.00
Current Assets
Cash $29,119.00 $40,818.00 $52,517.00
Accounts Receivable $0.00 $0.00 $0.00
Inventory $0.00 $0.00 $0.00
Other Current Assets $0.00 $0.00 $0.00
Total Current Assets $29,119.00 $40,818.00 $52,517.00
TOTAL ASSETS $35,579.00 $47,138.00 $58,697.00

EQUITY AND LIABILITIES

Equity
Share Capital $20,167.00 $20,167.00 $20,167.00
Retained Earnings $11,559.00 $23,118.00 $34,677.00
Total Equity $31,726.00 $43,285.00 $54,844.00
Liabilities
Current tax payable $3,853.00 $3,853.00 $3,853.00
Accounts Payable $0.00 $0.00 $0.00
Other Liabilities $0.00 $0.00 $0.00
Total Liabilities $3,853.00 $3,853.00 $3,853.00
TOTAL EQUITY AND LIABILITIES $35,579.00 $47,138.00 $58,697.00